Florida homebuyers now have a lot going for themselves due to spike in the interest rates. Do not let this disturb you. What goes up, must come down. As interest rates go up, prices will aggressively gown down. It only makes sense, as of June 2022 we enter the ugly stages of the housing market. It will take time for the housing market to correct with homes for sale. And it will. Click link to see more about market correction /HOUSING-MARKET-CORRECTING---32819---32836---Dr-Phillips-6-22828.html
Homes are no sitting longer on the market because the pandemic selling prices have for gone and many sellers are in denial. It is up to us a professional realtors to educated sellers and buyers. If not, there certainly will be confusion. While buyers still face challenges today, they are not exactly the same as a 2020. With bidding wars in the past now is the time to lock in on your home. Click link to request a free e-book on Navigating The Buying Process. https://kevinstrawter.book.live/buyer-book
We are currently seeing are more and more home go on the market and more homes to choose from. It always take a skillful realtor to price the home right the first time. This is an art to research this. With more homes on the market, this gives buyers a choice to choose and pick. Don't get me wrong, there is still a high demand to buy with low inventory of houses for sale. Currently buyers are restructuring on how to accomplish this task. Again it takes a realtor that studies the housing market and must hire the right realtor, click link to learn more about hiring the right realtor. /HOW-DO-I-HIRE-THE-RIGHT-REALTOR---32819---32836---Dr-Phillips-6-16972.html
Nationally home sales increased by 39.5 percent as per Calculated Risk.
Buyers now have more negotiating power. Again it takes a sharp realtor to help you drive this train process. Accredited Buyers Realtor known as an ABR has the negotiation skills to guide you through this process. The good news that will be music to your ears is that is a survey from realtor.com shows that sellers are accepting some offers with contingencies and 95 percent are requesting home inspections and 67 percent negotiated repairs due to inspection report which was never heard of the last two years with that hot pandemic market.
As a trusted advisor, professional realtor and military veteran in Dr Phillips and Central Florida that is always on the pulse, contact Kevin Strawter today at 850 496-6412 and stay tuned, connected and educated in this volatile housing market to purchase or the sale of your home. Click link to know more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html